Bloomberg. We are targeting parts of the business where we are not generating acceptable returns. Matt apple falls short. The iphone maker expects to miss its quarterly revenue goal because of the coronavirus. And bhp warns of a hit to Raw Materials demand and prices the virus fallout extends. We actually have glencore across the terminal here saying it is going to take a 2. 8 billion impairment charge. It sees the scope of three emissions falling by 30 over 15 years. Bit, 2. 4arketing a billion. Recommended 2020 base distribution of . 20 a share. That will be the dividend news. Carbon emissions falling, coal mines deplete. Glencore says it is watching coronavirus developments. The bottom line in terms of earnings before interest and taxes was 4. 15 billion the estimate was for 4. 07 billion. Doing a little better in terms of adjusted earnings before interest and taxes. We are also getting eu car sales. European car sales dropping 7. 4 in january as new taxes hit demand that is already
Im Francine Lacqua in london. These are your markets. 0. 4 . An markets down a lot of the market put a position that the economy and a lot of the earnings would go through the coronavirus. Not so after the apple news yesterday. There is more concern about the deadly coronavirus trade looking at treasuries, they are rising. Americans reopening after a holiday. Yesterday was president s day. Jumping as much as 24 after unsuccessful bid for the small arrival. This may be the kickoff of banking consolidation in italy and then further into europe. Coming up on bloomberg surveillance, our exclusive conversation with the hsbc Financial Officer on the banks job cuts. First word news. Viviana hsbc is set to slash 80 of its workforce. The lender taking more than 7 billion of charges and suspending buybacks as part of a restructuring plan. Plans to exit some businesses and cut costs. Hsbc still hunting for a permanent chief executive. We also spoke to the lender cfo about the coronavirus outbreak
Bowls under debartolos leadership. The president is also set to commute the sentence of wrongful cleavage, who was sent to prison for corruption. Blue boy of it, a democrat, was convicted for his alleged efforts to auction off the u. S. Senate seat left vacant when barack obama won the presidency. Is slappings sanctions on a unit of Russian Oil Giant Rosneft for helping venezuela skirt embargoes on its oil. Senior Administration Officials warned anyone in the world doing business with rosneft could also be sanctioned. It is part of the campaign to push venezuelan president Nicolas Maduro to step down the worst locust outbreak in parts of east africa in 70 years has reached south sudan. The outbreak is threatening to decimate crops and a country where about half of the population is already facing hunger. The locusts have traveled in swarms the size of major cities. Officials say the number of insects could grow up to 500 times by june when dry weather begins. Global news 24 hours a day
Is already in the works and xbox has announced project scarlett, this week we go on an excellent which will be capable of 8k graphics adventure, take dance lessons from a tomato, and will do away with load times due and get invaded by flossing aliens. To processing grunt. And will be backwards compatible with the entire xbox library of games. And thats on the way for november next year. Games streaming may well be the future, but it isnt over giant alien heads, pokemon gyms, for the physical console just yet. E3 is, of course, chock full of games, games, and, well, more games. There are so many that, frankly, its easy to get a bit lost. But here are a few and massive queues to get that stood out for us. I grew up on wolfenstein in its various guises, into the Los Angeles Convention centre. For hard core gamers this can so i am super excited for youngblood two player co op. Lets do it, sister. Only mean one thing its for the electronic bj blazkowicz is missing entertainment expo. And hi
In the last hour the heavyweight fighter has convinvingly beaten the previously undefeated tom schwarz in the second round. And were with the next generation of cricketers ahead of todays world cup match between pakistan and india. We cant see that, but said if she was going on Hunger Strike a beautiful sunrise out there we would do it here. But obviously you can see me, and i am doing it as well. Earlier, but beware showers and Nazanin Zaghari ratcliffes case is intricately connected with the difficult relationship thunderstorms that may be heading between the uk and iran, your way. Which has just become even more tense. London has accused tehran of being behind attacks on two oil tankers in the gulf of oman, one its sunday the 16th ofjune. Our top story iran has complained of the worlds busiest waterways. Iran says that isnt true, to britains ambassador making its displeasure known in the country after the uk government accused it of involvement in a meeting with the foreign secretar